How can India become the next manufacturing hub?

India is one of the world’s fastest-growing major economies, but its exports of value-added products are relatively low. About 50% of the total exports are from commodities and low-value addition items, while...

GeM |Government e-Marketplace

Government e-Marketplace or GeM is an open platform and a one-stop shop where regular user goods and services can be purchased. It is a system driven e-marketplace. The GeM portal is a...

Wholesale and Retail Inflation

There are two measures of inflation in India namely the Consumer Price Index (CPI) and the Wholesale Price Index (WPI). The Consumer Price Index estimates the cost at the buyer level and...

Why do some nations grow faster than others?

This question has motivated generations of economists. It has to be noted that throughout history, some economies have grown faster than others. Have you ever wondered why?

RBI AUTONOMY

Introduction The Reserve Bank of India (RBI) and the government give the feeling that they are not in agreement even to the extent that an understanding of their...

Path to a $5-trillion economy

International experience suggests that degrees of development required can be continued by an "upright cycle" of reserve funds, investment and fares catalyzed and bolstered by a great segment stage. 1. Investment: Investment is the key driver...

ONE NATION-ONE RATION CARD

Government has launched One Nation-One Ration Card scheme on pilot basis in Telangana, Andhra Pradesh, Maharastra and Gujarat. Families who have food security cards can buy subsidized rice and wheat from any ration shop...

Causes and effects of Great Economic Depression of 1929

The Great Economic Depression of the 1930s was a severe economic problem that had affected the whole world and the United States of America in particular and this can be regarded as...

Aspirational Poverty

How do we deal with Aspirational Poverty? Factors can smother Aspirations at the individual and cultural level: 1) Asymmetry in social structures. For eg: Gender, position, and network-based limitations can keep an individual from aspiring. 2) In...

What is the Consumer Expenditure Survey? Why was its data of 2017-18 withheld by...

The government of India has decided to scrap the National Statistical Office's (NSO's) Consumer Expenditure survey of 2017-18 over "data quality". The ministry is independently looking at the possibility...

TRENDING RIGHT NOW